Common use of Delivery of Certificates Clause in Contracts

Delivery of Certificates. As soon as practicable after the Company receives the notice and purchase price provided for above, it shall deliver to the person exercising this Option, in the name of such person, a certificate or certificates representing the Shares being purchased. The Company shall pay any original issue or transfer taxes with respect to the issue or transfer of the Shares and all fees and expenses incurred by it in connection therewith. All Shares so issued shall be fully paid and nonassessable. Notwithstanding anything to the contrary in this Agreement, no certificate for Shares distributable under the Plan shall be issued and delivered unless the issuance of such certificate complies with all applicable legal requirements including, without limitation, compliance with the provisions of applicable state securities laws, the Securities Act of 1933, as amended (the “Securities Act”) and the Exchange Act.

Appears in 17 contracts

Samples: Option Agreement (Tactile Systems Technology Inc), Incentive Stock Option Agreement (Stellent Inc), Incentive Stock Option Agreement (Life Time Fitness Inc)

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Delivery of Certificates. As soon as practicable after the Company receives the notice and purchase price provided for above, it shall deliver to the person exercising this the Option, in the name of such person, a certificate or certificates representing the Shares being purchased. The Company shall pay any original issue or transfer taxes with respect to the issue or transfer of the Shares and all fees and expenses incurred by it in connection therewith. All Shares so issued shall be fully paid and nonassessable. Notwithstanding anything to the contrary in this Agreement, no certificate for Shares distributable under the Plan shall be issued and delivered unless the issuance of such certificate complies with all applicable legal requirements including, without limitation, compliance with the provisions of applicable state securities laws, the Securities Act of 1933, as amended (the “Securities Act”) and the Exchange Act.

Appears in 5 contracts

Samples: Is an Incentive Stock Option Agreement (MCT Holding Corp), Stock Option Agreement (Tactile Systems Technology Inc), Non Statutory Stock Option Agreement (Tactile Systems Technology Inc)

Delivery of Certificates. As soon as practicable after the Company receives the notice and purchase price provided for above, it shall deliver to the person exercising this the Option, in the name of such person, a certificate or certificates representing the Shares being purchased. The Company shall pay any original issue or transfer taxes with respect to the issue or transfer of the Shares and all fees and expenses incurred by it in connection therewith. All Shares so issued shall be fully paid and nonassessable. Notwithstanding anything to the contrary in this Agreement, no certificate for Shares distributable under the Plan this Agreement shall be issued and delivered unless the issuance of such certificate complies with all applicable legal requirements including, without limitation, compliance with the provisions of applicable state securities laws, the Securities Act of 1933, as amended (the “Securities Act”) and the Exchange Act.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Westcott Products Corp), Incentive Stock Option Agreement (Westcott Products Corp), Incentive Stock Option Agreement (Westcott Products Corp)

Delivery of Certificates. As soon as practicable after the Company receives the notice and purchase price provided for above, it shall will deliver to the person exercising this the Option, in the name of such person, a certificate or certificates representing the Shares being purchased. The Company shall will pay any original issue or transfer taxes with respect to the issue or transfer of the Shares and all fees and expenses incurred by it in connection therewith. All Shares so issued shall will be fully paid and nonassessable. Notwithstanding anything to the contrary in this Agreement, no certificate for Shares distributable under the Plan shall this Agreement will be issued and delivered unless the issuance of such certificate complies with all applicable legal requirements including, without limitation, compliance with the provisions of applicable state securities laws, the Securities Act of 1933, as amended (the “Securities Act”) "SECURITIES ACT"), and the Securities Exchange ActAct of 1934, as amended (the "EXCHANGE ACT").

Appears in 3 contracts

Samples: Stock Option Agreement (Valuevision Media Inc), Option Agreement (Valuevision Media Inc), Valuevision Media Inc

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Delivery of Certificates. As soon as practicable after the Company receives the notice and purchase price provided for above, it shall deliver to the person exercising this Option, in the name of such person, a certificate or certificates representing the Shares being purchased. The Company shall pay any original issue or transfer taxes with respect to the issue or transfer of the Shares and all fees and expenses incurred by it in connection therewith. All Shares so issued shall be fully paid and nonassessable. Notwithstanding anything to the contrary in this Agreement, no certificate for Shares distributable under the Plan shall be issued and delivered unless the issuance of such certificate complies with all applicable legal requirements including, without limitation, compliance with the provisions of applicable state securities laws, the Securities Act of 1933, as amended (the "Securities Act") and the Exchange Act.

Appears in 3 contracts

Samples: Non Statutory Stock Option Agreement (Smithway Motor Xpress Corp), Non Statutory Stock Option Agreement (Smithway Motor Xpress Corp), Smithway Motor Xpress Corp

Delivery of Certificates. As soon as practicable after the Company receives the notice and purchase price provided for above, it shall deliver to the person exercising this the Option, in the name of such person, a certificate or certificates representing the Shares being purchased. The Company shall pay any original issue or transfer taxes with respect to the issue or transfer of the Shares and all fees and expenses incurred by it in connection therewith. All Shares so issued shall will be fully paid and nonassessable. Notwithstanding anything to the contrary in this Agreement, no the Company will not issue a certificate for Shares distributable under the Plan shall be issued and delivered unless the issuance of such certificate complies with all applicable legal requirements including, without limitation, compliance with the provisions of applicable state securities laws, the Securities Act of 1933, as amended (the “Securities Act”) and the Exchange Act.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Hawkins Inc)

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